Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Hi Mick2.
Getting a bit cold outside. Thanks for the shout out..
Smug, Moi? Not towards most followers of this share as I’m pretty sure there are a lot of honest, decent people tied up in this, but if I come across as smug to the abusers, and usual gang who like to filter and report any questioning posts and posters then so be it. Ultimately by denying genuine decent investors a chance to make up their own mind about the information provided by the likes of Ex, Chalker, Wolf, Seadoc et al then you are partly as culpable as AZ for their losses if SYME doesn’t relist. No wonder a sense of desperation appears to have set in.
IF a proper investigation needs to take place, it’s going to be fascinating to see exactly which accounts were linked, who shut down who, and who assisted with this enterprise.
And yeah, that borrowing charge is really getting to me. Costs me 33p a day at the moment. At this rate I reckon I could lose all my stake by 2029. I could always phone them to trade it, but wouldn’t want to miss the fun. Might have to sell some of my Carrots though. It’s a funny old world. ATB
Just took the filter off of exotrader and genuinely LOLing.
He really hasn't got a clue how this company runs.
Nice to hear from you again Holly, I enjoy guessing whether your going to post pro syme or neg syme commentary. Then I remember it's not worth reading anyway.
Another troll jumping to wolf's defense. No allegiance at all... lol
“the imaginary alliance”
Just in from the garden and thought id’ stick my head in. It’s been a couple of weeks (nearly) but I see nothings changed. Punxutawney Phil’s still in his hole so no one knows what’s going to happen.
Parm and the rest of his Church Of Symetology are still abusing anyone with a counter argument because they haven’t got the intelligence or knowledge to argue against it, and still the same tired line of “Why are you here if your not invested” even though it’s a free BB open to anyone with an interest, financially or not in SYME.
The irony they post all day on a BB for a share they can’t trade in will be completely lost on them. You really couldn’t make this compost up.
Well, back off to the garden to talk to the Vegetables. You never know, they might actually listen and grow up a little, unlike some on here!!
Have a great day all.
“Ok campers, rise and shine! — and don't forget your booties 'cause it's cooooooold out there today”..
“It's cold out there everyday”
(Music starts) I got you babe..
Clearly the only one here with blinkers on is you! Especially when it comes to Squid, Chalker and the rest!
“ He won't entertain that his friends post with ulterior motives”
You see this just makes you look childish.
Rocky some good points made, much appreciated.
Thanks reb, But Wolf will claim everyone that isn't deramping is a ramper !!
He won't entertain that his friends post with ulterior motives, is that delusion or something more sinister? I am sure people can make up their own minds.
I will call out rampers like Peace and have had a go at JR, although I do understand someone with £500 invested here will post crap and think this will multi bag!
Wolf cannot conceive someone or many it seems, posters who are NOT invested here continue to post daily and sow their seeds of doubt!
That THEY have ulterior motives, is he deluded? Or one of the crew?
Remains to be seen doesn't it!
@extrader
But you have no facts, just the constant 'drivel', day in and day out.
"It ain't what you don't know that loses you money. It's what you know for a fact that just ain't so."
Mark Twain.
Too much emphasis is perhaps being put on Greensill as AZ said himself their nearest comparative is the Falcon Group which is quite a bit different .
"Raising 'wishy, washy' stuff, then adding stuff like, 'But this is a learning process, so who knows ?', just pathetic."
"It ain't what you don't know that loses you money. It's what you know for a fact that just ain't so."
Mark Twain.
HTH
@Wolf
That's not correct, Parm adds some sanity to the board. I think Parm has been most 'equitable' to everyone here.
Parm - you’re a horse with blinkers, self appointed police man of the board.
You look at everything in very simple terms and try and quash any hope of having a decent discussion just because it isn’t a shameless ramp.
The big thing is that AZ knows all this, he has to navigate the company through all this.
Raising 'wishy, washy' stuff, then adding stuff like, 'But this is a learning process, so who knows ?', just pathetic.
.."It’s the platform intermediary aspect of matching the funding required to funders. .."
With respect, it's a bit more than that : it's the built-in potential for conflicts of interest.
hxxps://www.swissinfo.ch/eng/bloomberg/credit-suisse-fund-lent-to-billionaire-greensill-s-neighbor/46062322
.."Greensill sources the assets -- mostly invoices [ in SYME's case = inventory] it buys from suppliers at a small discount -- packages them into notes and passes them on to the fund through a warehousing agreement, as long as they meet certain parameters.
The structure effectively lets the seller of assets decide what the fund buys."
A greedy commercial bank like Credit Suisse might greenlight this, I 'd be surprised if Captive Bank's regulator would.
But this is a learning process, so who knows ?
HTH
Fundamentally if SYME can demonstrate this difference the demise if Greensill does offer good opportunity to potential funders and clients of Greensill there is a better way...
There are similarities to Greensill....but there is also a fundamental difference in that the financing is secured against physical collateral as opposed to the overall trading performance of the company and its sales. The key consideration is if SYME get tarred with the same brush as Greensill but IMO there is enough of a difference to differentiate itself from the Greensill business model as opposed to simple window dressing.
Oh dear.... quoting ADVFN as if it were some reliable source. Both pathetic and laughable...
'It’s not a football match it’s not picking sides.'
WRONG
It is picking sides, the side of being an investor against that of trolls like Sex and Squid et all who constantly troll this share though they have no investment here.. yet you always side with them! This is not just my opinion but of many on this bb.
You can read all sides, research and reach your own conclusions without siding with rampers or derampers, when you don't you are a dodgy so and so IMO !!
It’s the platform intermediary aspect of matching the funding required to funders. It’s just monetising a different area of the balance sheet.
I read everything, ramp or deramp if it increases my knowledge but to dismiss this as having no relevance to SYME is to be a) looking at it in very (too) simple terms or b) not really understanding how the Syme model works.
It’s not a football match it’s not picking sides.
'Greensil match the finance required to the funders. It’s not exactly the same but it’s roughly I’m the realm other than we are monetising inventory and they monetise receivables.'
How is it the same when monetization of trade receivables is quite common place, Syme is the opposite hence all the trolls speculation that this 'new wheel' is not legit as they have been spouting for months!!
Trust Wolf to side with the resident troll !!
No news so lets write any old cr**. Its another day in the life of Syme.
He’s not wrong though whether you like it or not.
Greensil match the finance required to the funders. It’s not exactly the same but it’s roughly I’m the realm other than we are monetising inventory and they monetise receivables.
I think a lot of this is tied into the fortunes of a British steel magnate anyway being pressed by credit Suisse to lower there exposure to Greensil and he hasn’t managed to secure finance anywhere else.
It doesn’t shed a good like in Credit Suisse’s confidence in Greensil’s business model though and is probably a knock of the pandemic and subsequent downturn in the economy and trade.